Premium Savings Account1 from Morgan Stanley Private Bank

Enjoy a competitive APY2

Take advantage of a rate 9X the national average.With APY, you’ll earn an annual return of $425 for every $10,000 deposited in your account. Plus, enjoy FDIC-insured up to $500,0004

Boost your savings today

Premium Savings Account from Morgan Stanley Private Bank Rated Best Savings Account for Investors by Buy Side from WSJ 

What you get with a Premium Savings Account


No minimum deposit


No monthly account fees


Bank Deposits FDIC-insured up to $500,0005


Easily move money between accounts with Transfer Money service6,1


Manage your money from anywhere with our mobile app7


Free, easy-to-use tools to build your emergency savings


 

Enjoy a rate that is 9x the national average

Morgan Stanley Private Bank Premium Savings Account
 
 
Bank of America Advantage Savings
 
0.01%
Chase Premier Savings
 
0.01%
Wells Fargo Way2Save Savings
 
0.01%
FDIC National Savings Average2
 
0.46%

Annual percentage yields on competitor accounts as of 9/18/248

Ways to fund

No minimum opening deposit to get started.9 There are four easy ways to fund your account.


Transfer money

Up to three business days6

Transfer Money is a free service that allows you to move money between your accounts and from outside financial institutions.


Wire transfer

Same business day

A wire transfer is an electronic transfer of money between accounts, including accounts at different financial institutions.


Transfer an account

10+ business days

Transferring an account simply means moving all of your assets (cash and securities) from an outside financial institution to E*TRADE or Morgan Stanley Private Bank.


Deposit a check

Up to five business days

Choose from two convenient ways to deposit checks into your account: by mobile check deposit7 using our E*TRADE Mobile app or by mail.

Choosing a bank account

Not sure which bank account to choose? We offer other bank accounts that are fully integrated with an E*TRADE brokerage account for easier money management.

Three ways to manage your cash more strategically

Some people don’t realize that cash is an asset class that can be managed in different ways. Here’s how to balance your short-term cash needs and long-term financial goals with cash solutions.

Real help from real people

Let’s make your money work harder together. Our team is always available if you have questions or need help.

Start saving today

Opening a savings account is quick and easy.

Open an account